Suspending 401(k) match may bring unintended consequences

摘要

You can hardly blame Finance for looking for ways to conserve cash at a time like this. But if your CFO is thinking about cutting off the company's 401(k) match, you might want to interject, "Hold on, big fella."rnThe precedent is there: High-profile employers including Starbucks and Motorola have in recent months suspended their payments into defined-contribution pension plans.rnBut consider this: Employees rattled by the plunge in value of their pensions are already taking steps to shore up their retirement savings - and some of these tactics could be against your interests.